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1260 Highbluff Lane
About This Property
The layout offers 3 bedrooms, 2 full baths, a flexible office with french doors for privacy and a dining space currently used as a music room. The family room serves as the heart of the home, featuring wood floors, a gas fireplace, and windows that bring in natural light while overlooking the backyard. The kitchen is both functional and inviting, with granite countertops, stainless steel appliances, a spacious breakfast area, and plenty of storage, plus convenient access to the utility room and garage. Flooring includes carpet in the bedrooms, tile in the kitchen and bathrooms, and wood in the main living area and hallway. The split-bedroom design provides added privacy. Two secondary bedrooms share a bath with a tub-shower combo, while the primary suite includes dual sinks, a separate soaking tub and large shower, and a spacious walk-in closet. Outside, the fenced backyard offers a great space to relax. As a resident of Caruth Lake, you'll also have access to community amenities like walking and jogging trails, ponds, a pool, and a clubhouse. Conveniently located near shopping, dining, and highly regarded schools, this home offers a great balance of comfort and location.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2026 | Sold | ||
| Sold | |||
| Jul 13, 2026 | In contract | - | |
| In contract | |||
| Jun 16, 2026 | Listed by Keller Williams Rockwall | $395,000 | |
| Listed by Keller Williams Rockwall | |||
| May 15, 2026 | No longer available | - | |
| No longer available | |||
| May 14, 2026 | In contract | - | |
| In contract | |||
Property Highlights
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About Caruth Lake
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017